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FOXNEWS Life Liberty Levin June 4, 2024 03:32:00

Instantaneously. without federal reserveh hiking interest rates as much, recent three quarters of a points, and half of a point previous. you have seen home construction is sharply falling much manufacturing activity, ing the midatlantic region slow. people are cutting spending, because inflation is eating into, their wages are falling,. and then you have mortgage rates skyrocketed, in the last week they have gone up fastest pace since 1987, and running at a 13 year high, that makes buying a hom...
Turning Point Home Construction Hiking Interest Rates Federal Reserveh Cutting Spending Mortgage Rates

FOXNEWS Life Liberty Levin June 4, 2024 00:32:00

Without the federal reserve. hiking interest rates. that much about resently three quarters of a points, half of one point previous meeting, home construction is already sharply falling and manufacturing activity in midatlantic region slow. people are cutting spending because inflation is eating -- well their wages are falling, eating to everything that their wage increases then some. you have mortgage rates have skyrocketed, in last week they have gone up fastest pace since 1987. they are runni...
Federal Reserve Hiking Interest Rates Home Construction Mortgage Rates

MSNBC Morning Joe June 4, 2024 13:37:00

And investors hoping to bounce back after a rough week on wall street. the s&p 500 fell into bear market territory. and the dow had its 11th negative week in a low falling below 30,000 for the first time since january of 2021. despite the growing fears of a recession, president biden is pushing back saying first of all, it is not inevitable. secondly were in a stronger position than any nation in the world to overcome this inflation. joining us now, correspondent dom chu. good to see you this mo...
Wall Street For The First Time Bear Market Territory S P 500 January Of 2021 Correspondent Dom Chu

CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:47:00

Has been falling. and the gr mmargin is the price what they charge compared to the produce that it costs them to produce. maybe there are some sector, you pointed to energy, meat packing industry has been called out, where margins are high. but even there, you know, for the energy industry, we want them to produce more oil. we need more oil. so im not so sure that the high margins, the high profits, they have a purpose. they areincentive to keep the prices back down. but i should say that i dont...
Gr Mmargin Meat Packing Industry Energy Industry Business Practices

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CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:05:00

Think, if the fed doesnt get this right? >> very definitely a risk. and i think even more than that. the risk or the price we end up having to pay could be a recession because inflation is so far out of control and the fed has to do so much heavy lifting with interest rates in order to get inflation down. it wont happen quickly and as larry summers said, significant economic slowdown or outright recession could be the consequence. >> were now five months in to a stock market that has been fallin...
Fed Doesn T Interest Rates Federal Reserve Larry Summers Bear Market Stock Market

CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:43:00

To pay more. theyre raising their prices when they dont have to raise their prices. the administration ought to consider in my view a windfall profits tax. even the conservative government in britain just passed that, and on the oil companies. the oil companies are raking in record profits and yet they are increasing their prices at the pump. to me that just makes no sense. >> and you can hear a lot of that from progressives. well see if its falling on deaf ears it is white house. inflation keep...
Oil Companies Doug Flynn White House Co Founder Flynn Zito Capital Management Uncertain Environment

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